Light Commercial Vehicle Liftgate Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Manual, Automatic), By Material Type (Metal, Composite), By Region, By Competition, 2018-2028
Published Date: April - 2025 | Publisher: MIR | No of Pages: 320 | Industry: Automotive | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request Customization| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 1.2 billion |
| CAGR (2023-2028) | 7.29% |
| Fastest Growing Segment | Composite |
| Largest Market | Asia-Pacific |
Download Sample Ask for Discount Request Customization
Market Overview
Global Light Commercial Vehicle Liftgate Market has been valued at USD 1.2 Billion in 2022 and is expected to project strong growth during the forecast period with a CAGR of 7.29% during 2028.
The market for automotive power liftgate is expected to be driven by the increasing demand for electronic and sensor-based automobile components. In addition, it is estimated that the increasing technological innovation and advancements in the automobile industry would provide a broad spectrum of opportunities for the manufacturers of power liftgates. With innovation and development, various automakers are also incorporating power liftgates into their vehicle models, which is expected to raise demand for the power liftgate. Their electro-mechanical components in most car components are experiencing technical challenges to withstand harsh temperatures, shock, and vibrations throughout the entire vehicle lifespan. Moreover, they must also make their components energy efficient, small, and lightweight. During the forecast period, luxury car market is also expected to increase as a result of people's higher spending capacity. The growing customer demand for a safe and reliable driving experience will be expected to boost the demand for a power liftgate. The design of the power liftgate in the vehicle is expensive, hence may constrain market growth during the forecasting period. Power liftgates tend to be available only in luxurious vehicles.
Key Market Drivers
Rise of E-commerce and Last-Mile Delivery Services
The growth of e-commerce and the resultant explosion in last-mile delivery operations is a turning point market driver for the LCV Liftgate Market. E-commerce has transformed consumer purchasing behavior, and consequently, there is a rising need for efficient, flexible, and responsive delivery vehicles that have liftgate systems. With the exponential growth in online purchases, delivery volumes have been unprecedented. LCVs that typically include liftgate systems play a critical role in managing the variable and frequently weighty parcels linked to e-commerce. They facilitate the procedure for loading and offloading materials, streamlining deliveries and lightening the burden of physical loading/unloading by delivery staff. Last-mile delivery may include working within crowded metropolitan locales with scant parking and loading sites. LCVs with the facility of liftgate systems are the best for urban delivery since they can navigate confined spaces, making the delivery process smoother and faster. Liftgate systems improve accessibility and ease for delivery staff. The systems remove the necessity of ramps or strenuous physical effort by lowering the cargo to the ground level, accelerating the delivery process and lessening injury risks. The expansion of e-commerce and last-mile delivery operations is anticipated to persist, fueling the use of LCVs with liftgate systems to address the changing needs of contemporary logistics.
Technological Advancements and Automation
The LCV Liftgate Market is witnessing a technological revolution, with automation and advanced features at the forefront. These innovations not only improve the functionality of liftgate systems but also enhance safety, convenience, and the overall user experience. Advanced sensor technology is increasingly incorporated into liftgate systems. Proximity sensors, ultrasonic sensors, and cameras are now standard features. These sensors detect obstacles and pedestrians in the liftgate's path, ensuring safe and efficient operation. In busy urban delivery settings, this technology is essential to prevent accidents. Automation is a defining feature of modern liftgate systems. Many systems can be operated remotely using a key fob or a smartphone app. This remote functionality enables drivers to prepare the liftgate before arriving at the delivery location, saving time and effort. Hands-free and foot-activated liftgate systems have gained popularity, especially among delivery drivers who often have their hands full. With a simple gesture or foot movement, these systems open or close the liftgate, allowing for convenient, touchless operation. Liftgate systems are evolving to offer smart features such as programmable height settings. Users can adjust the liftgate's height to match the loading dock or curb height, ensuring a seamless transition for cargo transfer. Additionally, some liftgates include power cinching mechanisms, which automatically secure the liftgate in the closed position, minimizing the risk of cargo shifting during transit.
Download Sample Ask for Discount Request Customization
Sustainability and Fuel Efficiency
As sustainability concerns and initiatives gain prominence, the LCV Liftgate Market is aligning with these priorities by focusing on reducing emissions and improving fuel efficiency. Weight reduction is crucial for enhancing fuel efficiency in LCVs. Manufacturers are increasingly using lightweight materials in liftgate construction, such as aluminum and composite materials. These materials maintain structural integrity while minimizing the overall weight of the vehicle. Liftgate designs are being optimized for aerodynamics, reducing drag and improving fuel economy. Smooth, streamlined profiles help LCVs cut through the air more efficiently, which is particularly important for long-distance and highway driving. The rise of electric LCVs has led to the development of liftgate systems tailored to the specific needs of these vehicles. These systems are designed to operate efficiently and consume minimal energy, aligning with the overall goals of electric mobility. Many businesses are incorporating sustainability into their operations, and this extends to their choice of LCVs. Companies are increasingly opting for environmentally friendly vehicles equipped with liftgate systems that complement their sustainability goals.
Safety and Regulatory Compliance
Safety considerations and regulatory compliance are paramount in the LCV Liftgate Market. Manufacturers are proactively addressing safety concerns by integrating advanced technologies and adhering to stringent safety standards. LCVs with liftgate systems are often used in urban environments, where pedestrian safety is a significant concern. To address this, liftgate systems incorporate sensors that detect obstacles and pedestrians, ensuring that the liftgate does not close when someone or something is in its path. Liftgate systems must meet rigorous crashworthiness standards to ensure the safety of vehicle occupants and bystanders. This requires extensive testing and engineering to ensure that the liftgate poses minimal risk in the event of a collision. Compliance with safety and regulatory standards is complex due to variability across different regions and markets. Manufacturers must navigate a web of regulations to ensure that their liftgate systems meet the specific requirements of each market they serve. Regulations continue to evolve to address emerging safety concerns and technological advancements. Manufacturers must stay up to date with these changes to ensure that their liftgate systems remain compliant, which may require ongoing investments in research and development. Meeting safety and regulatory compliance requirements is imperative for automakers, making it an ongoing challenge that shapes the design and functionality of liftgate systems.
Customization and Versatility
LCV operators increasingly demand liftgate systems that can be customized to suit their specific needs and cargo types. This trend toward customization and versatility is driving innovation in liftgate design and functionality. Liftgate systems now offer a range of weight capacity options to accommodate different cargo loads. Whether transporting bulky construction materials, delicate equipment, or general merchandise, operators can choose a liftgate system that matches their specific requirements. Liftgate platforms come in various sizes and shapes to accommodate different types of cargo. Some liftgates are designed with extended platforms, allowing for larger or longer items to be safely loaded and unloaded. Manufacturers are offering flexible installation options to accommodate various LCV configurations. This allows operators to choose between underbody or rear-mount installations based on their specific vehicle and operational needs. Liftgate systems are increasingly designed to be compatible with additional features and accessories, such as cargo restraint systems, tailgate lifts, and winches. This enhances the overall utility and versatility of the liftgate system.
Key Market Challenges
Regulatory Compliance and Safety Standards
Perhaps the biggest hurdle in the LCV Liftgate Market is one of regulatory compliance and safety standards. LCVs that use liftgate systems are subject to a sophisticated interconnection of safety regulations, with the variations tending to range from quite one area to entirely another. Ensuring regulatory compliance is not just a matter of law but an absolute necessity when it comes to ensuring the security of operators, pedestrians, and cargo. The city delivery climate, in which LCVs using liftgate technology are used frequently, presents a higher risk to pedestrians. Pedestrian protection regulations require the inclusion of sophisticated sensor technology in liftgate technology. Such sensors identify obstacles and pedestrians within the path of the liftgate and operate safely and with efficiency. Compliance in this respect usually necessitates sophisticated sensor integration and calibration. LCV liftgate systems have to comply with tough crashworthiness requirements to limit the potential for injury to the occupants of vehicles and bystanders in the event of a collision. This requires extensive testing, engineering, and material selection so that the liftgate is minimal risk during a crash. Conformity with safety and regulatory requirements becomes increasingly complicated due to the differences between these requirements from one region or market to another. Global manufacturers have to navigate a matrix of regulations, customizing liftgate systems to comply with the unique demands of every market. This inconsistency can lead to extra development, testing expenses, and time-to-market penalties.
Weight and Payload Considerations
Weight and payload considerations are a major challenge in the LCV Liftgate Market. LCV operators are also commonly subject to weight and payload capacity controls, which may reduce their capacity to transport heavy loads, particularly if liftgate systems are fitted. Installation of a liftgate system necessarily increases the weight of the vehicle, directly reducing its payload capacity. Operators need to take this added weight into consideration when scheduling cargo loads, as weight overruns can cause regulatory breaches and safety risks. LCV operators are having to walk a fine balance between the convenience and functionality of a liftgate system and the need to maximize payload capacity. Finding the correct balance between these conflicting priorities is a difficult task, especially in markets where cargo weight is an important consideration. Manufacturers are tackling this challenge head-on by investigating the use of lightweight materials for liftgate construction, including aluminum and composite materials. These components retain structural strength with minimal increase in the total weight of the liftgate system. They could also add other expenses, making liftgate systems more expensive. The extra weight of a liftgate system has the potential to affect the vehicle suspension and driving performance. The operators need to take into account if suspension changes or upgrades would be required in order to provide stability and maintain the performance of the vehicle.
Cost and Price Pressures
Cost and price pressures are widespread issues in the LCV Liftgate Market. These pressures come from a variety of sources, such as high market competition, customer requirements for affordability, and manufacturers' requirements to remain profitable. The LCV Liftgate Market is very competitive, with many manufacturers competing for market share. This high level of competition places strong downward pressure on prices as manufacturers compete to win customers with affordable solutions. Customers, such as companies that use LCVs, tend to prioritize cost-effectiveness when choosing liftgate systems. This puts a lot of pressure on manufacturers to provide competitively priced products while ensuring quality and performance levels. Material costs, labor costs, research and development costs, and compliance with safety regulations can be major contributors to the overall manufacturing costs of liftgate systems. Manufacturers need to manage these costs carefully in order to remain competitive in the market. Manufacturers should create effective prices that achieve the fine balance of cost factors against the need to be profitable. Pricing is in a position to have a deep impact on market share, customers' loyalty levels, and ultimately the long-term viability of manufacturers in the industry.
Maintenance and Service Requirements
The maintenance and service requirements required by liftgate systems pose some challenges for LCV Liftgate Market operators as well as those providing services in the industry. Liftgate systems, as with any mechanical part, need periodic servicing for trouble-free operation and durability. Inadequate maintenance will result in malfunctions, inefficiency in operations, and safety hazards. It might be difficult to access and repair liftgate systems, particularly in cities. Operators might have to work in congested areas or face restricted accessibility, which may add service time and expense. Mechanics who service liftgate systems need specialized training to accurately diagnose and repair such sophisticated parts. Attracting and retaining trained technicians is a challenge facing service providers, especially in markets with high demand for maintenance services. Downtime due to maintenance or repair of liftgate systems can shut down operations and cause delivery delays. Reducing downtime and providing quick service is essential to help operators fulfill customer demands and preserve operational efficiency. Liftgate producers and repair companies need to provide extensive aftermarket support, such as easily available replacement parts, good customer response, and prompt repair. Providing a stable aftermarket network can be capital-intensive with huge investments in inventory and personnel.
Key Market Trends
Growing Demand for Last-Mile Delivery
One of the most significant trends driving the LCV Liftgate Market is the surge in demand for last-mile delivery services. The e-commerce boom, accelerated by the COVID-19 pandemic, has propelled the need for efficient and versatile delivery vehicles. LCVs equipped with liftgate systems have become indispensable for businesses involved in the delivery of goods to consumers' doorsteps. The rapid growth of online shopping has led to higher package volumes, particularly in urban areas. Last-mile delivery vehicles must efficiently handle numerous packages of varying sizes and weights. Liftgate-equipped LCVs provide a practical solution for loading and unloading packages, making the delivery process more efficient and reducing physical strain on delivery personnel. Liftgates are designed to facilitate the easy and safe movement of cargo in and out of the vehicle. They are especially useful when handling heavy or bulky items. Delivery drivers can lower the liftgate to ground level, eliminating the need for ramps or physical lifting, which speeds up the delivery process and minimizes the risk of injuries. Many last-mile delivery routes navigate through congested urban areas with limited parking and space for unloading. LCVs equipped with compact and maneuverable liftgate systems can access tight spaces and provide more efficient curb-side deliveries.
Technological Advancements and Automation
The LCV Liftgate Market is experiencing a technological revolution, with automation and advanced features taking center stage. These innovations not only enhance the functionality of liftgate systems but also improve safety, convenience, and overall user experience. Liftgate systems now commonly incorporate sensor technology, including proximity sensors, ultrasonic sensors, and cameras. These sensors detect obstacles and pedestrians in the liftgate's path, ensuring safety during operation. In busy urban delivery settings, this technology is essential to prevent accidents. Automation has become a defining feature of modern LCV liftgate systems. Many liftgates can be operated remotely, either through a key fob or a smartphone app. This remote functionality enables drivers to prepare the liftgate before reaching the delivery location, saving time and effort. Hands-free and foot-activated liftgate systems have gained popularity, especially among delivery drivers who often have their hands full. With a simple gesture or foot movement, these systems open or close the liftgate, allowing for convenient, touchless operation. Liftgate systems are evolving to offer smart features such as programmable height settings. Users can adjust the liftgate's height to match the loading dock or curb height, ensuring a seamless transition for cargo transfer. Additionally, some liftgates include power cinching mechanisms, which automatically secure the liftgate in the closed position, minimizing the risk of cargo shifting during transit.
Sustainability and Fuel Efficiency
As environmental concerns and sustainability initiatives gain prominence, the LCV Liftgate Market is aligning with these priorities by focusing on reducing emissions and improving fuel efficiency. Weight reduction is crucial for enhancing fuel efficiency in LCVs. Manufacturers are increasingly using lightweight materials in liftgate construction, such as aluminum and composite materials. These materials maintain structural integrity while minimizing the overall weight of the vehicle. Liftgate designs are being optimized for aerodynamics, reducing drag and improving fuel economy. Smooth, streamlined profiles help LCVs cut through the air more efficiently, which is particularly important for long-distance and highway driving. The rise of electric LCVs has led to the development of liftgate systems tailored to the specific needs of these vehicles. These systems are designed to operate efficiently and consume minimal energy, aligning with the overall goals of electric mobility.
Safety and Regulatory Compliance
Safety considerations and regulatory compliance are paramount in the LCV Liftgate Market. Manufacturers are proactively addressing safety concerns by integrating advanced technologies and adhering to stringent safety standards. LCVs with liftgate systems are often used in urban environments, where pedestrian safety is a significant concern. To address this, liftgate systems incorporate sensors that detect obstacles and pedestrians, ensuring that the liftgate does not close when someone or something is in its path. Liftgate systems must meet rigorous crashworthiness standards to ensure the safety of vehicle occupants and bystanders. This requires extensive testing and engineering to ensure that the liftgate poses minimal risk in the event of a collision. Compliance with safety and regulatory standards is complex due to variability across different regions and markets. Manufacturers must navigate a web of regulations to ensure that their liftgate systems meet the specific requirements of each market they serve. Regulations continue to evolve to address emerging safety concerns and technological advancements. Manufacturers must stay up to date with these changes to ensure that their liftgate systems remain compliant, which may require ongoing investments in research and development.
Segmental Insights
Material Type Analysis
The market is divided into two categoriesmetal liftgate and composite liftgate. Throughout the projected period, the market's most dominant segment is anticipated to continue to be metal liftgates. Despite this, there is a continuing transition from metal to composite liftgates, with government laws playing the most significant role. Automakers are under pressure from strict restrictions established by many governments to reduce overall vehicle weight to improve fuel economy or lower pollutants. Composite liftgates assist industry participants in lowering the overall vehicle weight, which ultimately helps to meet the goals to some extent.
The market's highest account share belongs to the metal power liftgate sector. In the market, the composite power liftgate category is anticipated to experience strong expansion. Due to increasingly strict government pollution standards that are forcing automakers to reduce vehicle weight, it is projected that the market for metal power liftgates will transition to the composite power liftgate. The composite material is lighter and more enduring than metal.
Regional Insights
Download Sample Ask for Discount Request Customization
The largest market for automobile liftgates is anticipated to continue in the Asia-Pacific region during the forecast period. Additionally, the region is anticipated to increase at the fastest rate during that time. The demand for liftgates in the region is being driven by rising car production together with an increase in the production share of SUVs. The region's two biggest markets are anticipated to continue to be China and Japan. In the ensuing five years, India is probably going to replace China as the region's new development engine for the market for automotive liftgates. Due to factors including increased personal disposable income and rising demand from developing nations for high-tech passenger automobiles, Asia Pacific is also anticipated to lead the market throughout the forecast period.
In the same time frame, Europe is predicted to continue to be the world's second-largest market for automotive liftgates, led by Germany, France, and Russia. In the ensuing five years, Germany is projected to continue to dominate the regional vehicle liftgate industry. Over the course of the forecast, Europe is anticipated to exhibit solid growth in the automotive power liftgate market. The OEMs' presence in this region is causing them to make significant investments in autonomous vehicles, which is causing the market in this area to grow.
Over the course of the forecast, North America is anticipated to exhibit solid growth in the automotive power liftgate market.The market for luxury cars is expected to develop in this area due to rising consumer demand for electric cars as well.
Recent Developments
- Magna wonthe 2020 Automotive News PACE Award in April of that year for its compositespace frame liftgate reinforcement technique used in the Toyota Supra. Comparedto a steel liftgate, this type of vehicle liftgate offers a 10% weight savings.
- Athermoplastic motorized liftgate from Magna International Inc. was revealed forthe 2019 Jeep Cherokee SUV from Fiat Chrysler Automobiles in 2019. The designis expected to minimize mass, capital, and tooling costs through improvementsin manufacturing efficiency, integration of key components, and uniquetethering attachments.
- StabilusNorth America made the announcement of the opening of a new distributionfacility in Michigan in 2019. The company's retail and wholesale power liftgateand OE lift support products will be supported by the new facility.
- InJanuary 2019, the sensor expert Vayyar began working with Brose FahrzeugteileGmbH & Co. KG.Through the provision of several new features, thispartnership is predicted to improve the driving experience for customers.Vayyar's 3D radar imaging sensors will be utilized to keep an eye on the arearight around the doors, car, and cabin.
Key Market Players
- Magna International
- StabilusGmbH
- ContinentalAG
- BroseFahrzeugteile SE & Co. KG
- HufHulsbeck & Furst GmbH & Co.
- StrattecSecurity Corporation
- JohnsonElectric Holdings Ltd.
- HI-LEXCorporation
- VOXxElectronics Corp
- Powder-PackerCorp
|
|
By Material Type |
By Region |
|
|
|
Related Reports
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy